KUALA LUMPUR (Oct 2): CIMB Bank Bhd has teamed up with payment system company GHL Systems Bhd to become the first bank in Malaysia to introduce quick response (QR) payment acceptance at its terminals, accepting payments through six major mobile wallets on one terminal. 

In a statement, CIMB said the six mobile wallet partners to be accepted on CIMB terminals are Alipay, Touch & Go Digital, Boost, KiplePay, Mcash and Vcash. 

"These six mobile wallets have a combined estimated customer base of about 4.5 million in Malaysia and 520 million registered mainland Chinese users," it said. 

The QR payment acceptance will enable wider options to merchants and enhance customer experience, CIMB added. 

Merchants also benefit from reducing clutter at cashier counter and the security of a cashless, e-payment system, it added.

CIMB Group consumer banking chief executive officer Samir Gupta said the bank's latest digital innovation is in line with the central bank's aim to develop a safe environment for a cashless society.

"QR Payment Acceptance at CIMB terminals not only fulfills our customers and merchants’ needs by accepting six major mobile wallets, but also helps develop the cashless payment ecosystem in Malaysia, in support of Bank Negara’s vision to promote a cashless society. 

"This is also testament to our promise to continuously deliver innovative solutions to our customers, not just in Malaysia but also across Asean," Gupta added. 

On the collaboration, GHL chief executive officer said: "We are delighted to enable CIMB merchants to process multiple QR codes via GHL's unique single payment facility/gateway. Our multi-channel model is not just convenient, but also cost-saving to CIMB's merchants as multiple QR settlements are streamlined into a single payments provider."